In August, 1991, three development companies, Lujiazui Financial and Trade Zone, Jinqiao Export Processing Zone and Waigaoqiao Free Trade Zone, were established, marking the beginning of Pudong development.

On July 28th, 1992, Zhangjiang High-tech Park Development Company held a listing ceremony, with a planned area of 17 square kilometers and the first phase of development and construction of 4.2 square kilometers.

Waigaoqiao Free Trade Zone

Overview Waigaoqiao Free Trade Zone (hereinafter referred to as the Free Trade Zone) is located in the north of Pudong, south of the Yangtze River estuary, with a planned area of 11 square kilometers and a closed area of 7.52 square kilometers. In 2112, the bonded area realized an added value of 22.862 billion yuan, an increase of 32.2% over the previous year, and the growth rate remained above 21% for ten consecutive years. Sales (business) income exceeded the mark of 151 billion yuan, reaching 157.246 billion yuan, an increase of 31.3% over the previous year; The total profit and tax was 21.185 billion yuan, an increase of 28.8% over the previous year. The total assets of enterprises in the region reached 122.14 billion yuan, an increase of 24.1% over the previous year, including current assets of 95.174 billion yuan, accounting for 77.8%; The asset-liability ratio was 68.7%, 1.6 percentage points lower than the previous year. Investment enterprises in the whole region absorbed 89,511 workers, up by 17.2% over the previous year; The labor productivity of all employees was 255,411 yuan, an increase of 13% over the previous year. The annual investment in fixed assets was 1.783 billion yuan. In the whole year, 979 investment projects were approved, an increase of 53.2% over the previous year, setting a historical record, including 876 foreign-funded projects, accounting for 89.5% of the investment projects; The total investment attracted was US$ 785 million, up by 29.1% over the previous year, including foreign investment of 767 million yuan. The contracted foreign investment was 546 million US dollars, an increase of 53.8% over the previous year; The actual foreign investment reached 324 million US dollars, accounting for 59.3% of the contracted foreign investment in that year. Investment projects are mainly international trade projects, with 717 approved projects, accounting for 73.2% of the total approved projects, setting a new record. There were 259 substantive investment projects, an increase of 22.2% over the previous year, including 47 IT industry projects. The additional investment of foreign enterprises is 216 million US dollars, accounting for 27.5% of the total investment attracted by the bonded area. There are 11 projects with investment exceeding USD 11 million.

The electronic information platform passed the expert acceptance. On October 11, an expert evaluation team composed of experts from Shanghai Evaluation Center of National Information Security Evaluation and Certification Center, Information Technology Department of Shanghai Municipal Government Office, Shanghai Bureau of Quality and Technical Supervision, Computer College of Shanghai University and Shanghai Xintai Technology Co., Ltd. accepted the electronic information platform in the bonded area. The expert group listened to the situation report, watched the live demonstration of the platform, and questioned and discussed the platform on the spot. After comprehensive evaluation of the assessment indicators of the plan, the expert group agreed that the electronic information platform of Shanghai Waigaoqiao Free Trade Zone passed the acceptance.

implementation of EDI paperless customs declaration according to the deployment of the general administration of customs, the customs of bonded area started the pilot operation of EDI paperless customs declaration in bonded area on February 1 after several months of preparation. The first batch of pilot enterprises in the bonded area has 11 enterprises, including world-famous enterprises such as Intel, Hewlett-Packard, Philips, JVC and IBM.

Free buses are put into operation. Closed bus lines in the bonded area are put into operation during the year. The operating cost of the bus line is fully subsidized by the regional finance of the bonded area. Free public transportation is within 1.5 minutes during peak hours and within 21 minutes during low hours. Bus operation adopts the mode of waiting at a fixed stop and waving on some sections.

Two new Philips enterprises opened at the same time. On February 28th, the second-phase factory of mobile display system and the optical and magnetic electronics factory under Philips Electronics Group of the Netherlands, a world-renowned enterprise, opened at the same time in the bonded area. Philips is the world's leading manufacturer of flat LCD monitors, mainly producing mobile communication products, smart handheld products, automotive instruments and avionics. Philips Mobile Display System Phase II Factory mainly produces passive monochrome liquid crystal displays and active display displays in the bonded area, and will become the largest STN manufacturer in the world. Philips Photomagnetic Electronics Factory mainly produces the movement and optical pickup components in CD drives.

Japan AIDA Co., Ltd. enters the bonded area. Japan AIDA Engineering Technology Co., Ltd. is a leader in the world precision stamping machinery industry. The market share of products in Europe, Asia and the Pacific reaches 75%. After investigation and demonstration, AIDA Group finally decided to settle in the bonded area, with a total investment of 15 million US dollars, leasing 22,611 square meters of land, setting up a production and R&D center, and engaging in assembly and R&D of precision machinery. AIDA Co., Ltd. has more than 611 customers in China, including more than 11 in the bonded area.

The total investment of Intel Corporation has reached 511 million US dollars. On May 5th, Intel Products (Shanghai) Co., Ltd. started production of a new generation of high-performance broadband chipset controller (the world's most advanced 1.13 micron P4 chip for packaging and testing). The start-up of new products indicates that the bonded area has become one of Intel's four major chip manufacturing centers in the world. The total investment of Intel Corporation in the bonded area has reached 511 million US dollars, which is the only manufacturing base of Intel Corporation in China.

Dafu Co., Ltd. settled in the bonded area. On May 24th, Dafu Co., Ltd., Japan's largest supplier of industrial logistics equipment and software systems, invested and registered in Waigaoqiao Bonded Area, and established Shanghai Dafu Automation Logistics Equipment Co., Ltd., mainly engaged in warehousing, distribution, trade, after-sales service, maintenance and technology of logistics related systems and related software (AS/RS automatic warehouse, light rail system, transmission system, unmanned trucks and other logistics equipment and machines, and related software).

Sweden VOLVO Group moved in. On May 8th, Sweden Volvo Parts (Shanghai) Co., Ltd. opened in the bonded area. Volvo Group is a world-renowned company engaged in auto parts distribution business, operating auto parts logistics centers on all continents in the world, and providing Volvo suppliers and customers with an efficient spare parts supply network. Sweden Volvo Parts (Shanghai) Co., Ltd. established in the bonded area will provide parts and system services to customers in China.

customs inspection points settled in the automobile trading market. on August 8th, the customs of the bonded area set up inspection points in the market to conduct on-site inspection of various vehicles imported from the market, and at the same time accept the confirmation of the inventory of vehicles imported and exported from the market, as well as the customs procedures such as H883 inspection and release, and cross-regional warehouse transfer of vehicles in the bonded area. Simplify the customs clearance procedures for automobile import in Waigaoqiao automobile trading market, speed up customs clearance and support the development of automobile market.

meiji logistics distribution center enters the bonded area. meiji logistics is the brother company of APL, a world-renowned logistics giant, and provides a series of supporting services for APL, such as sub-packaging, warehousing, assembly and intermodal operation. Mercure Logistics has set up more than 31 branches and offices all over China. In the bonded area, Meiji Logistics Transportation (Shanghai) Co., Ltd. * * * rented a warehouse of 4,111 square meters for the distribution of products and goods. On 11/18, Meiji Logistics held its opening ceremony.

At the end of the year, the total ending assets of p>12 banks reached 27.984 billion yuan, an increase of 11.9% over the previous year, of which current assets accounted for 69.25%. The balance of RMB deposits and loans was 34.918 billion yuan, an increase of 34.3% over the previous year; The balance of foreign exchange deposits and loans was US$ 917 million, up by 1.4% over the previous year. The amount of property insurance underwritten by insurance companies was 42.575 billion yuan, an increase of 4.2% over the previous year. The financial industry * * * achieved an operating income of 1.18 billion yuan, an increase of 2.4% over the previous year; The profit was 345 million yuan, an increase of 46.2% over the previous year.

the industrial output value exceeded 31 billion yuan. the bonded area completed an industrial output value of 34.128 billion yuan, an increase of 71.9% over the previous year, of which the output value of high-tech products accounted for 41%. There are 41 export processing enterprises with an industrial output value exceeding 111 million yuan, an increase of 14 over the previous year, and the industrial output value of * * * is 31.679 billion yuan, accounting for 89.9% of the total industrial output value of the bonded area, which is the main body to promote the rapid growth of the industrial economy of the bonded area. The output value of 46 electronic information enterprises reached 26.832 billion yuan, an increase of 61.5% over the previous year, contributing 78.6% to the industrial economy of the bonded area. Nine of the top 11 industrial output values are electronic information enterprises, and the top three are Philips Electronic Components (Shanghai) Co., Ltd. (output value of 5.827 billion yuan), Hewlett-Packard Computer Products (Shanghai) Co., Ltd. (output value of 4.345 billion yuan) and Hewlett-Packard Technology (Shanghai) Co., Ltd. (output value of 3.682 billion yuan). In the whole year, 29 export processing enterprises were newly put into operation, achieving an industrial output value of 7.194 billion yuan, accounting for 21.8% of the total industrial output value of the bonded area.

The sales of commodities exceeded RMB 111 billion. The total sales of commodities completed by trading enterprises in the bonded area exceeded RMB 111 billion, reaching RMB 114.282 billion, an increase of 39.1% over the previous year. Among them, the domestic commodity sales reached 97.914 billion yuan, up 49.2% over the previous year, and the proportion of the total commodity sales in the bonded area increased from 79.9% in the previous year to 85.7%. The sales of goods completed by foreign-funded enterprises account for 81.7% of the bonded area, and one third of them are completed by enterprises engaged in IT products. There are 189 enterprises with commodity sales exceeding 111 million yuan, of which 86% are multinational companies.

The number of logistics enterprises increased to 761. At the end of the year, there were 761 enterprises engaged in logistics business in the bonded area, an increase of 159 over the previous year; It has a storage area of 1.17 million square meters, an increase of 21.3% over the previous year. In the whole year, the operating income was 59.592 billion yuan, an increase of 21.1% over the previous year; The added value was 6.559 billion yuan, an increase of 89.57% over the previous year. During the year, the total import and export value of entrepot trade in the bonded area reached US$ 6.858 billion, up by 27.1% over the previous year, accounting for 61.1% of the total import and export value of entrepot trade in Shanghai, of which the export value of entrepot trade accounted for 83.7% and the import value of entrepot trade was US$ 6.191 billion, accounting for 58.1% of the whole city. The bonded area has become an international logistics turnover base in Shanghai. The 94 distribution enterprises approved by the Bonded Zone Management Committee and the Customs realized sales (operating) income of 25.742 billion yuan, up by 14.6% over the previous year, accounting for 43.2% of the operating income of logistics enterprises in the Bonded Zone; At the end of the period, the number of operating vehicles reached 219, an increase of 36.9% over the beginning of the year. The cargo flow in the bonded area reached 23.3572 million tons, up by 23.1% over the previous year, with an average daily logistics turnover of 64,111 tons.

record of innovation in import and export trade in 2112, the total import and export commodities in the bonded area reached US$ 11.932 billion, an increase of 34.6% over the previous year, accounting for 16.4% of the total import and export of the city. The number of enterprises engaged in import and export trade in the bonded area reached 1,791, an increase of 293 over the previous year, with an increase of 19.6%. Enterprises in the bonded area have import and export trade relations with 116 countries and regions, an increase of 3 countries and regions over the previous year. The top three countries and regions in terms of import and export trade volume are Japan, the United States and China, with trade volume reaching 2.293 billion US dollars, 1.867 billion US dollars and 1.525 billion US dollars respectively. Among them, the export volume reached US$ 3.125 billion, an increase of 17.1% over the previous year. The number of enterprises with export value above USD 11 million increased from 29 in the previous year to 35, and the newly-added export enterprises * * * completed export value of USD 499 million, accounting for 16.1% of the bonded area's export value. The export of processing trade reached US$ 2.274 billion, an increase of 21.3% over the previous year, accounting for 72.8% of the export of the bonded area. IT products account for the main proportion of export products. The import volume reached US$ 8.817 billion, up by 42.1% over the previous year, accounting for 73.8% of the total import and export volume of the bonded area and 21.7% of the total import volume of the whole city. The average monthly import volume remained above US$ 711 million. Among the imported goods, the import volume of automobiles in the bonded area reached 13,654, accounting for 83.6% of the city's automobile imports, among which the import volume of cars was 9,653, accounting for 92.8% of the city's total.

by the end of the year, 85 of the world's top 511 enterprises have settled in the bonded area, including 8 well-known multinational companies such as Mobil, Wal-Mart, General Motors, Shell Oil and BP Oil. World-class IT product manufacturers such as Intel, Philips, Hewlett-Packard, IBM and Flextronics have also set up production bases in the region.

Shanghai Waigaoqiao Bonded Zone Joint Development Co., Ltd. (hereinafter referred to as Waigaoqiao Bonded Zone Joint Development Co., Ltd.) introduced a total of 131 projects throughout the year, an increase of 28.7% over the previous year. The total investment was US$ 1 billion, a record high in recent years. In the first market of bonded commodity trading market, the transaction volume was 7.112 billion US dollars, up by 42% over the previous year. 241 market members were introduced, an increase of 112% over the previous year. In the work of attracting investment, 45 logistics distribution projects were introduced, including the world's top two logistics system suppliers Siemens Dematech of Germany and Dafu of Japan, as well as APL's supporting service provider Meiji Logistics and other enterprises, and logistics enterprises accounted for 34.6% of the number of imported projects during the year.

The number of investment projects in the Outreach Development Park increased by 29. In 2112, there were 29 projects to expand the rental space or increase investment in the Outreach Development Park, accounting for 22.3% of the total number of projects introduced by the Outreach Development Company in the whole year. The leased property covers an area of nearly 41,111 square meters, with a capital increase of US$ 12.45 million. The 29 investment projects are from Japan, the United States, Singapore, Sweden, South Korea, Germany, Hongkong, China, Taiwan Province, China and other countries and regions. In October, 2111, six of the nine foreign-invested projects introduced by the outreach company were increased investment projects, including Japanese Qianju Metal and Nippon Plastic, American Tyco Electronics, German Mueller Electric and other projects. (

45 Shanghai Waigaoqiao Free Trade Zone New Development Co., Ltd. (hereinafter referred to as "New Development") put into production and operated in the new development area completed 491 million yuan in fixed assets investment in the whole year, and accumulated 2.524 billion yuan in fixed assets investment over the years. 85 projects were introduced, with 43,711 square meters of land transferred and 91,611 square meters of workshops rented and sold. The agreement attracted investment of US$ 13 million and registered capital of US$ 62.98 million. Over the years, 635 fixed assets projects and trade projects (including 282 substantive projects) have been introduced, 845,311 square meters of land have been transferred, and 531,511 square meters of factories have been rented and sold, attracting investment of 2.134 billion US dollars. During the year, 45 enterprises were put into production and operation, and 113 enterprises were put into production and operation. The total industrial output value of regional enterprises reached 24.64 billion yuan, an increase of 83.8% over the previous year; The export value of products was US$ 1.917 billion, up by 15.5% over the previous year. The allocated sales amounted to 11.226 billion yuan, an increase of 13.8% over the previous year.

Sanlian Development Company introduced 115 projects. In 2112, Shanghai Waigaoqiao Free Trade Zone Sanlian Development Co., Ltd. (hereinafter referred to as Sanlian Development) introduced 115 projects, including 56 fixed assets projects. The introduction of foreign capital was 86 million US dollars, including 92.18 million US dollars of contracted foreign capital; Lease land 2